Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51618
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $5,502,081
Award facts
- Contract value 100% obligated
- $5,502,080.61 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- NAICS code
- 331410 Nonferrous Metal (except Aluminum) Smelting and Refining
- PSC
- 9660 Precious Metals Primary Forms
- Set-aside
- No set-aside
- Competition
- Full and Open Competition Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Place of performance
- Great Britain, United Kingdom
Award details come from SAM.gov/FPDS.
About this award
This is a firm fixed price delivery order contract awarded by the United States Mint, a civilian federal agency, to Stonex Financial LTD, a for-profit organization based in London, United Kingdom. The contract is for the delivery of raw gold bullion, with a ceiling value of $5,502,080.61 and a completion date of May 5, 2022.
Stonex Financial LTD is an established supplier of precious metals, including gold, silver, and palladium, to the United States Mint. The company holds two significant indefinite delivery vehicle (IDV) contracts with the Mint, one for silver raw materials with a $10 billion ceiling value, and another for raw gold bullion. Under these IDVs, the Mint routinely issues firm fixed price delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each.
This contract award does not have a set-aside designation, and there is no mention of any subcontractors involved. The contract supports the Mint's ongoing coin and medal production operations by providing a reliable supply of critical raw materials from an international source.
Quick answers
Who was awarded contract 2031JG22F51618?
2031JG22F51618 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on April 28, 2022.
How much is contract 2031JG22F51618 worth?
The government has obligated $5,502,081 on 2031JG22F51618.
Is contract 2031JG22F51618 an order under another contract?
Yes. 2031JG22F51618 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51618 competed?
The extent of competition for 2031JG22F51618 was full and open competition.
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